OUR 9TH YEAR OF PROVIDING PROPRIETARY CAPITAL MARKETS INTELLIGENCE ON THE CANNABIS / HEMP / PSYCHEDELIC SECTORS

Equity Capital Raises

Equity Transaction Chart

Viridian publishes weekly data on equity capital raises in the Cannabis/CBD/Psychedelic industries. This data includes information about the company issuing equity (public/private, state/country location), deal size, deal structure, pricing, share information, deal implied valuation, and warrant information.

Week ended 11/10/2023

Week ended 11/10/2023

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Equity Commentary

Viridian publishes weekly insights on equity capital raises in the Cannabis/CBD/Psychedelic industries. These insights typically highlight the most interesting/meaningful equity transactions of that week, and commentary on market conditions, equity deal structures and investor groups.

Week ended 11/10/2023

  • The Week’s Only Closed Equity Deals
    • On November 7, 2023, Phylos Bioscience (Private), an Oregon-based cannabis genetics company, closed a $150,000 Reg D private placement of convertible securities.
    • Proceeds will be used for pay and compensation.
    • One unnamed investor provided the funding.
    • The company has completed ten rounds of funding totaling $36.8M.

Public vs. Private Raises: 

  • One of this week’s two capital raisers is a public company that trades in the U.S. on OTC.

Equity vs. Debt Cap Raises: 

  • Debt accounted for 87% of the week’s capital raised.

Week ended 11/10/2023

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Weekly Valuation Tracker

Viridian highlights a specific industry sector and provides a deep dive into valuation metrics and comparable company valuations for public companies operating in that sector.  The Weekly Valuation Tracker provides proprietary, actionable valuation data.

This week’s valuation tracker focuses on the 7 U.S. MSOs with market cap over $500M in the Viridian Value Tracker database in gauge the valuation impact of the 2nd earnings that have been released so far, Green Thumb (GTII: CSE), Curaleaf (CURA: CSE), and Trulieve.   

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Additional content is available to Premium and Enterprise users. Please purchase a higher tier membership to see more. 

This Chart is Only Available to Higher Tier Memberships

Please Purchase a Premium or Enterprise membership to see more.